Commercial Real Estate Firms
What is the meaning of Real Estate Broker or Real Estate Agent?
A real estate broker is a term in the United States and real estate agent in Canada that describes a party who acts as an intermediary between sellers and buyers of real estate or real property and attempts to find sellers who wish to sell and buyers who wish to buy. In the United States, the relationship was originally established by reference to the English common law of agency with the broker having a relationship with his clients.
Commercial Real Estate Agent is the term used in the United Kingdom to describe a person or organization or firm or company whose business is to market real estate on behalf of clients. There are big differences between the actions and liabilities of brokers and estate agents in every country. Except the United States, other countries take different approaches to the marketing and selling of Commercial Real Estate.
What is the key role of Commercial Real Estate Brokers?
In the United States, Commercial Real Estate Brokers and their salespersons assist sellers in marketing their property and selling it for the highest possible price under the best terms. When acting as a Buyer’s they assist buyers by helping them to purchase Commercial Real Estate for the lowest possible price under the best terms. Without a signed agreement, brokers may assist buyers in the acquisition of Commercial Real Estate but still represent the seller and the seller’s interests.
In most jurisdictions in the United States, a person or firm or company must have a license before they may receive remuneration for services rendered as a Commercial Real Estate Brokers or Commercial Real Estate Companies or Commercial Real Estate Firms or Commercial Real Estate Buyers. Unlicensed activity is illegal. Buyers and sellers acting as principals in the sale or purchase of real estate are not required to be licensed. In some states, lawyers are allowed to handle real estate sales for compensation without being licensed as brokers or agents.
Why should you hire Commercial Real Estate Agent?
• Find real estate in accordance with the buyer’s requirements and cost.
• Takes buyers to and shows them properties available for sale.
• Negotiates price and terms on behalf of the buyers and prepare standard real estate purchase contract by filling in the blanks in the contract form.
• Listing the property for sale to the public
• Based on the law in several states — provide the seller with a real property condition disclosure form.
• Preparing necessary papers describing the property for advertising.
• Advertising is often the biggest outside expense in listing a property.
• In some cases, holding an open house to show the property.
• Being a contact person available to answer any questions about the property and to schedule showing appointments
• Ensuring buyers are pre-screened so that they are financially qualified to buy the property.
• Several types of listing contracts exist between broker and seller.
CREfirms.com is a database of commercial real estate firms and brokers. It is NOT a site to list commercial real estate for sale or lease. At the time of publication, the CREfirms.com database contains: 2,400+ Commercial real estate investment firms, 19,300+ Key contacts within those firms, 40,200+ Commercial real estate brokers.
